Strategic planning Save article Remove saved article

In theory, a sound strategic plan is based on many factors, such as leadership competency, culture, and vision. The more focused the organization is on prioritization of objectives, alignment of activities, and alignment of resources to the activities, the more dramatic a well-planned and executed strategic plan will be. By itself, however, without the strategic intent or focus, strategic planning is largely an optimization exercise – it is an exploitation exercise. The organization may perform